Regulatory risk manager can be a catch-all term for anyone who can help banks work out how they need to adapt to the new regulatory environment. The best placed people in this category will, however, be able to do one better and advise traders how to make money in the new regulatory environment, says Brad Hintz, an analyst at Sanford Bernstein

Over-the-counter (OTC) clearing specialists are at the forefront of moves to make sure that OTC derivatives are traded as far as possible on exchanges. They need to understand the scope of the new Dodd Frank regulations regarding centralized clearing, along with the European Union’s EMIR (European Markets Infrastructure Regulations) and to help manage the shift to centralized clearing in big banks.

Collateral managers are about to become a lot more important under centralized clearing [click to read more].

10. Collateral transformation/change specialist

The FT estimates that anything from $500bn to $10 trillion of new collateral will be required in the new centralized clearing world. Anyone who can convert ineligible collateral into eligible collateral will be hot.

Python architects are simply senior developers with long experience of programming in Python. J.P. Morgan is a long term user of the language and has based its Gauss counterparty credit risk calculator for its whole OTC derivatives operation on Python.